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3 Ways to Plan Your Child's Education Savings

It's the beginning of a new school year, and now  is the time to consider your child's education savings plan. Take some tips, and learn how to plan an education saving strategy that works for you.

By Investor Education Fund

Saving for School

With the cost of higher education rising each year, many families struggle to save enough to help their children get through school. Surveys show that the average family pays 30% of their children’s post-secondary costs. With some programs today costing $14,000 a year and more, that can be a big part of your savings. How do you plan for these costs? Here are three steps to get you started:

 

 

IEF_logoThe Investor Education Fund offers unbiased financial information to the general public via GetSmarterAboutMoney.ca. The not-for-profit organization was established by the Ontario Securities Commission (OSC), and is funded through OSC enforcement settlements.

 

Tags: money tips | investing | financial advice | debt

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